Business
Management Incentive Plan Award
Management Incentive Plan Award.
About this update from Victoria Plc
[{"type":"text","content":"\n \nRNS Number : 5942H Victoria PLC 08 June 2017 \n\n8 June 2017\n \nVictoria PLC\n \n('Victoria' or the 'Company')\n \nManagement Incentive Plan Award\n \nFurther to the Company's announcement on 3 May 2016, Michael Scott, Chief Financial Officer has been awarded 5,350 C ordinary shares (the \"C Shares\"), in connection with the long term management incentive plan that the Company established in 2016 (the \"Plan\").\n \nThe C shares are in an intermediate holding company and between 1 July 2019 and 30 June 2020 Mr Scott will be able to exchange the C Shares into ordinary shares in Victoria PLC (\"Ordinary Shares\") of equivalent value. The monetary value of the award represents approximately 0.61% of the growth in value of the Ordinary Shares above a share price of £6.75. The Plan is subject to good leaver and bad leaver provisions and is closely aligned with the interests of the Company's shareholders.\n \n \nFor more information contact:\n \nVictoria PLC +44 (0) 1562 749 300\nGeoff Wilding, Chairman\nMichael Scott, Group Finance Director\n \nCantor Fitzgerald Europe +44 (0) 20 7894 7000\n(Nominated Adviser & Broker)\nRick Thompson, Phil Davies, Michael Reynolds (Corporate Finance)\nMark Westcott, Caspar Shand-Kydd (Sales)\n \nfinnCap &nbs...